West Germany: Mifrifi to the Rescue

In a special session of the Bundestag, German lawmakers last week nodded their approval of Mifrifi,* a pro gram of stern tax measures and lower government spending designed to elim inate a $16 billion budget deficit for 1968-71. Paradoxically, they also approved an extraordinary budget for a $1.3 billion public-works program. Both moves were part of an effort to boost the German economy from the recession that began last fall.

Some Deputies, though, were grum bling that Mifrifi is an overdose of a very disagreeable medicine. They see hopeful signs that the worst of the recession may be over. The German...

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